Carefully adopted crypto analyst Jason Pizzino is warning that XRP and different high altcoins more than likely have additional to fall.
In a brand new post to the social media platform X, Pizzino tells his 131,000 followers that, regardless of being down 20% within the final month, XRP’s skid shouldn’t be completed.
Says Pizzino,
“XRP breaking 50% fib pre-US open. My subsequent value goal remains to be ~$1.40”
XRP is price $1.87 at time of writing, down 12% within the final week.
Turning to layer-1 sensible contract platform Solana (SOL), Pizzino refers to the 3-bar rule – which goals to identify development reversals or continuations primarily based on the habits of the earlier three closing costs – to counsel a Solana crash to $60.
“The primary 3-bar rule signaled in November 2024. The second signaled in January 2025.
Now SOL is sub $100 for the primary time in over 12 months.
Subsequent value targets are $80 then sub $60 which might be an 80% decline. Not out of the strange for a serious altcoin correction.”
SOL is buying and selling for $106 at time of writing, down 16% within the final week.
Wanting on the Solana rival Ethereum (ETH), Pizzino once more predicts extra ache for the most important altcoin by market cap.
“Ethereum ~$1500 goal hit and being examined. If this fails, the subsequent value goal is ~$1200.”
Ethereum can be down 16% within the final week, buying and selling for $1,574 at time of writing.
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Featured Picture: Shutterstock/Philipp Tur
